Middle East Economic Survey


No 44



BP Egypt Makes New Offshore Discovery In North El Burg Concession

BP Egypt on 24 October announced a gas discovery at the Salmon well in its North El Burg Offshore concession. The site is located 50km north of Damietta in Egypts Nile Delta. BP Egypt said this is the third gas discovery made in the gas concession following the Satis-1 and Satis-3 discoveries. The well was drilled by the International Egyptian Oil Company (IEOC), an...